RECORD YEAR REPORTED

The Austrian family-owned company Pöttinger say they have achieved record turnover in the financial year 2021/22: during another challenging business year (01 August 2021 to 31 July 2022), turnover increased by 25 percent to EUR 506 million.

This represents an increase of EUR 101 million. The company says this is by far the highest increase in turnover in their history of more than 150 years.

In terms of machine sales, grassland equipment again performed well, accounting for the largest share of turnover at 67 percent. In the loader wagon segment, the company achieved sales growth of almost 13 percent but also won the Farm Machine 2022 award for the new Jumbo model.

The share of arable equipment in machinery sales is 33 percent which they say results from the success of intelligent machines for soil cultivation and seed drill technology, as well as the new crop care segment.

Another pleasing development for the company was recorded by the original spare parts business unit. The increase of around 12 percent is primarily attributable to the capabilities of the spare parts logistics centre, the service team and the long-term availability of spare and wear parts. 

Business outside Austria developed positively in different ways Pöttinger also reported: Almost 60 percent of total turnover was achieved in Germany, France, Austria, Poland, USA and Switzerland. The largest individual markets are Germany with almost 18 percent and France, which accounts for almost 15 percent of turnover. 

Other winners that stood out in terms of increase in sales of machines included the markets in the USA (+75 percent), Canada (+29 percent) and Australia (+34 percent). In several European countries such as Belgium (+52 percent), Poland (+36 percent), and Sweden and Denmark (each just +35 percent) demand has risen sharply. 

A major contribution to the positive international development of the company was made by the 17 sales locations worldwide and the five production plants in Europe. On average, 2,017 people from 36 different nations were employed during the past financial year, compared with 1,929 in the previous year. 

Gregor Dietachmayr, spokesperson for the management board, said, "In the end, our expectations were indeed exceeded. A challenging and demanding year with unforeseeable events is behind us, and another one is certain to follow. Flexibility, intensive work, the above-average commitment of the entire Pöttinger team and the consistent pursuit of shared objectives have paid off."